**Market Watch: Bitcoin's Critical Juncture**
📊 The price of Bitcoin ($BTC) has reached a pivotal point in its current volatility cycle.
The $82,000 level is the last major resistance area that needs to be held if we're to see a strong rally upwards.
Technical indicators are suggesting a possible bottoming out reaction, with sellers weakening and buyers waiting patiently on the sidelines. A significant breakout could be imminent!
However, beware: if the price closes below $82,000, it's likely to plummet to the $78,000-$80,000 range in short order.
**Key Takeaways**
➡️ If support holds, we may see a surge towards the $90,000 → $95,000 zone.
➡️ If support breaks, be prepared for a sharp market downturn.
**Disclaimer**
⚠️ This is not investment advice.
⚠️ The information provided is based on technical analysis and personal opinion.
